The Hazards, a Professional Baseball Team, Want to Sign Pitcher

question 24

Multiple Choice

The Hazards, a professional baseball team, want to sign pitcher Alex McScoob to a two-year contract but, because of salary cap limitations, can only pay $8 million for the first year (Alex's market value is $10 million per year) .The Hazards offer to pay $8 million in year 1 and $13 million in year 2.Should Alex sign the contract?

• A)Yes, Alex is better off financially regardless of the interest rate.
• B)Yes, if the interest rate is less than 50 percent.
• C)Yes, but only if the team expects to be successful.
• D)Yes, but only if the interest rate is less than 10 percent.

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Definitions:

Active Behaviors

Actions taken deliberately by individuals that are intended to achieve specific outcomes or goals.

Learning Consequences

Outcomes or changes in behavior that result from experiences or actions, playing a critical role in the process of learning through reinforcement or punishment.

Biofeedback Training

A method that teaches individuals to improve their health by controlling certain bodily processes that normally happen involuntarily.

Systematic Desensitization

A therapeutic method used to reduce fear or anxiety by gradually exposing the patient to the feared object or situation in a controlled manner.